B2Gold (BTG) EBITDA (2012 - 2026)
B2Gold (BTG) reported EBITDA of $400.42 million for the quarter ended Jun 30, 2026, up 76.5% from $226.81 million a year earlier but down 1.5% from the prior quarter.
B2Gold (BTG) EBITDA (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, B2Gold's EBITDA came in at $1.4 billion; for the year ended Dec 31, 2025, it was $941.43 million.
- EBITDA has a five-year compound annual growth rate of -7.0% (years ended Dec 2020 to Dec 2025).
- By year, EBITDA came in at -$615.74 million in the year ended Dec 31, 2024, -$74.97 million in the year ended Dec 31, 2023, $118.55 million in the year ended Dec 31, 2022 (-89.2%) and $1.09 billion in the year ended Dec 31, 2021 (-19.2%).
- Five-year quarterly EBITDA spans a low of -$650.23 million in the quarter ended Sep 30, 2024 and a high of $618.73 million in the quarter ended Dec 31, 2021.
- Year over year, EBITDA has now increased in each of the last three quarters, with growth averaging 341.7% over the last four quarters.
- The high point for year-over-year EBITDA in five years was the quarter ended Dec 31, 2025 (growth of 963.8%); the low point was the quarter ended Dec 31, 2022 (a decline of 83.6%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $406.49 million (quarter ended Mar 31, 2026), $367.14 million (quarter ended Dec 31, 2025) and $228.2 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 2.85 Bn |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 1.61 Bn |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 2.53 Bn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 2.73 Bn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 3.29 Bn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 2.01 Bn |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | 1.84 Bn |
| 10 | B2Gold | 6.95 Bn | 5.44 Bn | 308.29 Mn | 400.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 400.42 Mn |
| Mar 31, 2026 | 406.49 Mn |
| Dec 31, 2025 | 367.14 Mn |
| Sep 30, 2025 | 228.20 Mn |
| Jun 30, 2025 | 226.81 Mn |
| Mar 31, 2025 | 119.28 Mn |
| Dec 31, 2024 | 34.51 Mn |
| Sep 30, 2024 | -650.23 Mn |
| Jun 30, 2024 | -64.20 Mn |
| Mar 31, 2024 | 64.18 Mn |
| Dec 31, 2023 | -144.17 Mn |
| Sep 30, 2023 | -74.05 Mn |
| Jun 30, 2023 | 64.48 Mn |
| Mar 31, 2023 | 78.76 Mn |
| Dec 31, 2022 | 615.81 Mn |
| Sep 30, 2022 | 148.73 Mn |
| Jun 30, 2022 | 15.94 Mn |
| Mar 31, 2022 | 40.84 Mn |
| Dec 31, 2021 | 616.29 Mn |
| Sep 30, 2021 | 330.24 Mn |
B2Gold EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=BTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "BTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();